AkzoNobel completes divestment of Paper Chemicals business

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AkzoNobel completes divestment of Paper Chemicals business

“This is another important step in our strategy to focus on leading positions in bleaching chemicals, colloidal silica and expandable microspheres,” says Niek Stapel, Managing Director Pulp and Performance Chemicals.
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Topics

  • Chemical industry

Categories

  • pulp and performance chemicals
  • pulp and paper industry
  • paper chemicals
  • akzonobel pulp and performance chemicals
  • akzonobel
  • akzo nobel

Contacts

Anne-Cathrine Hartmann

Press contact Communication Manager +46 31 58 71 22

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AkzoNobel completes divestment of Paper Chemicals business

AkzoNobel has finalized the €153 million divestment of its global paper chemicals business to Kemira. The deal was first announced in July 2014. “This is another important step in our strategy to focus on leading positions in bleaching chemicals, colloidal silica and expandable microspheres,” says Niek Stapel, Managing Director Pulp and Performance Chemicals.

AkzoNobel to divest Paper Chemicals business to Kemira for €153 million

AkzoNobel today announced the intended sale of its global Paper Chemicals business to Kemira for €153 million. Paper Chemicals is part of the company’s Pulp and Performance Chemicals business and generated annual revenue of €243 million in 2013.